OMG berchik, you are such a funny fanboy. How about a bet? If the pps does not dip under 130 between now and earnings you will post that you are not worthy to comment on my insightful apple post. If it remains above 130 throughout the same time-frame I will post that I am not worthy to comment on your brilliant aapl MB posts. How confident are you?
I never buy calls unless it is to cover at a profit. I just sell them. They either expire or are exercised. I always win. There are plenty of option fools that will buy them from me. I thank them. Oops, nothing personal
There was lot of big paper profits made over the past year. There are a lot more potential sellers then buyers. Only buy backs holding pps up now. The pump will continue until all the big $ has taken profits. Then they will tank the pps just like in 2012. What do you think is going to happen after the iwatch release and earnings and all the air of good news starts leaking out of the pumped up balloon? It would be irrational to think that there will not be some profit taking and panic selling. Remember just before the pps crashed everyone was upping their target estimates, just like now. That's a bad sign.
no weak hands. Almost every investor who believes in aapl is fully loaded. A lot of big paper profits made over the past year. There are a lot more potential sellers then buyers. The pump will continue until all the big $ has taken profits. Then they will tank the pps just like in 2012.
are getting discouraged #$%$ pours in to the market and it makes all time highs while gild has lost 12% and remains in the quicksand of dead money. When volume picks up again then might be the time to start nibbling with all the profits made from aapl and the other winners.
That's the problem. Everything has been counter intuitive with this holding. No good news is good news for the pps
when everyone starts piling on and the pps continues downnnnnn. I can already hear the cnbc bashing.
I'll take 35% in one week so far. You sound like an "american greed" phony. Buying calls and selling naked puts is an az*sz*clown play.
I've already made a tidy profit selling calls when the pps crossed 130 to greedy fanboys and new bag-holders. These profits will just increase in the next few weeks as the pullback continues. The stronger the pump, puff and fluff the lower the the consolidation channel will be. So keep the fanboy hopium alive. Wait for Samsung, HTC and LG new product news and china competition to be fodder for the FUD bashers that will sow doubt as the pps pulls back over the next few weeks.